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Vietnam Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.

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5 Jun 2018

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Latest Vietnam retail stories

cigarette
Minjun ParkLiving

WHO wants Vietnam to raise tobacco taxes

Vietnam should raise its tobacco tax in order to deter and reduce people smoking, the World Health Organisation has advised. WHO head Kidong Park said at a recent meeting held by the Health Ministry in Hanoi that Vietnam was among the top 15 countries in the…

saigon vietnam beer
Rajiv MenonFood

Beer brands pour big bucks into ads as Vietnam bucks global trend

As more and more Vietnamese drinkers take to beer and competition heats up, leading brands are spending big on advertisements. Saigon Alcohol Beer and Beverages Corporation (Sabeco), the leading beer producer in Vietnam which brews the well-known Saigon and…

Vietjet at Changi
Minjun ParkLiving

Vietjet Opens Direct Flight from Hanoi to Osaka

Vietnam’s new-age carrier Vietjet will officially launch a direct route connecting Hanoi with Osaka (Japan) on 8 November 2018, looking to further boost tourism and trade integration between the two countries and across the region. A special ceremony to…

nike
Wei ZhangFashion

Footwear giants shift outsourcing from China to Vietnam

Major brands in the footwear industry are shifting their outsourced work to Vietnam instead of China, but experts doubt this will be a good thing in the long run. Sneaker giant Adidas last year had 44 percent of its footwear produced in Vietnam, more than…

soft drink 1
Sarah ChenFood

Vietnam tax on sweetened drinks hurts the business

A Finance Ministry proposal to slap a 10 percent special consumption tax on sweetened drinks would hurt small and medium businesses, critics say. Business representatives and some experts say the beverage industry is already taxed heavily, and the latest…

stock market
Minjun ParkFinance

Most SE Asian markets fall; Malaysia down for 5th session in six

Most Southeast Asian stock markets fell on Monday, with Malaysia declining for a fifth session in six, while Indonesia extended gains on the back of financial and infrastructure stocks. “There are lots of pitfalls that could sideswipe the markets,” said…

vietnam fuel
Minjun ParkGeneral

Fuel price hike propels Vietnam’s May inflation to record high

Recent fuel price hikes have kicked up Vietnam’s Consumer Price Index (CPI) this month by 3.86 percent year on year, the General Statistics Office has reported. The hike was led by traffic and transportation services, which rose 1.72 percent over last month,…

cheers
Maria SantosGeneral

Cheers convenience store set expansion plan in Vietnam

Singapore-Vietnam convenience store joint venture Cheers has opened its third store, on Dinh Tien Hoang Street in downtown Ho Chi Minh City. Operated by Vietnam’s supermarket operator Saigon Co-op and Singapore’s NTUC FairPrice grocery network, Cheers is open…

browsing
Maria SantosE-Tailing

Mobile payment firms struggle to dethrone cash in Southeast Asia

Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash. She is among hundreds of millions of people whom firms such as Softbank Group-backed Grab and China’s…

Startup
Sarah ChenStartups

Investment in Vietnamese startups booming

A total of 92 Vietnamese startups raised $291 million in funding last year, said Mai Duy Quang of the Vietnam Software and IT Services Association at the opening of K-Startup Grand Challenge on Thursday. That’s a 45 percent increase in number of startups from…

hanoi
Aiko TanakaReal Estate

Cheap real estate in Vietnam draws scores of Chinese buyers

Vietnam has become an up and coming property investment destination among Chinese and Hong Kong buyers with real estate prices lower than in other Southeast Asian countries. Demand for properties in Vietnam among Chinese buyers surged 300 percent year-on-year…

luxury furniture
Wei ZhangLiving

Made-in-Vietnam woodwork conquering international premium markets

With high quality and reasonable price, made-in-Vietnam woodwork has made its presence felt in luxury interior design projects worldwide. Last year, a team of 70 workers from Vietnam of design and construction company AA Corp were sent to the Caribbean to…

the gioi di dong
Wei ZhangElectronics

Vietnam’s The Gioi Di Dong closed stores

Despite revenue growth, Vietnam retailer Mobile World has shuttered six The Gioi Di Dong stores. It closed the outlets last month following one earlier closure with a plan to maintain 1065 stores nationwide. The company says it has decided not to expand its…

Retail Academy: Vietnam

Free background guides on how retail works in this market.

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